Robber Baron's are the powerhouse of businesses in the United States. Were the big businesses and their owners captain of industry or robber baron, they were robber baron, more powerful and wealthy. The owners such as J.P. Morgan, Cornelius Vanderbilt, Rockefeller and more were robber baron. J.P. Became the first billionaire of the businesses. J.P. Morgan's US steel was the first billion dollar company in the world with an authorized capitalization of 1.2 billion dollars.
Dear Mr. Gaylord Bigmoney: Thank you for contacting me to review your investments and for advice on whether or not to purchase additional state and municipal bonds. Mr. Rich Broker has given you a couple recommendations about your investment portfolio. First, Mr. Broker has recommended that you take the cash presently invested in the Certificates of Deposits and purchase more state and municipal bonds. Second, Mr. Broker has recommended that you borrow an additional $800,000 on one of the unencumbered apartment houses, which would require you to give a Deed of Trust for security on the loan, and use the loan proceeds to purchase more state and municipal bonds. When Mr. Broker gave you these recommendations the rates were as follows: present
The Fugitive salve act was an act passed by the US Government in response to slaves escape from their slave masters. The law briefly stated that if the run away slave be caught by any of the free northern solider, They shall be handed back to their slave master in the south and the law also stated that the northern people will have to abide by that same law. This law should be considered unbearable. I personally would not abide with this law. There should be no such law.
QUESTION PRESENTED 1. Under Alabama’s burglary statute, does a former occupant of an apartment who partially moved out four to five days before committing a felony in the apartment and who has a estranged relationship with the occupant have an absolute right to enter? BRIEF ANSWER 1. Probably not. A person has an absolute right to enter as long as he remains an occupant of the apartment, ownership is irrelevant, and an estranged marital relationship is not sufficient.
It seems that debt has become a norm in today’s society; people do not flinch at the sound of the word or attempt everything in their power to not succumb to it. When debt was a feared concept, people ran away from it. However today it seems that people are somewhat forced into a life of debt. The piece by Margeret Atwood, “Debtor’s Prism” is one about how the idea of debt has been deeply woven into our literature, social structure, and culture. Since the recession began in late 2007, Atwood takes a unique perspective of the history behind debt and the meaning of having been pawned.
Relying on Others People have utilized other people to help them to get what they desire the most. Whether that is the means of survival, or for luxury, people have relied on each other for as long as two people have set foot on earth. In the book Night by Elie Wiesel and Maus by Art Spiegelman both books demonstrate characters using one another’s resources and connections to survive. Both books show it is easier to overcome trials when one relies on one another, rather than oneself. Safety, it is a necessity for everyone and everyone desires it.
The United States of America as they stand today are a result of the evolution of the frameworks our founding fathers set in to place long ago. Among them were the Articles of Confederation, the Virginia and New Jersey plans, the Federalist Papers, and the Constitution. Beginning with the original frame work for the government of the United States, the Articles of Confederation, established in 1781, formed a firm league of friendship among the states, instead of a government for the people (Dye, Gaddie 66). The United States fared well under the Articles of Confederation. With success in gaining independence from Great Britain, gaining France as an ally and establishing a viable peace.
The Failures of the 1033 Program Anthony Gonzalez John Jay University October 11,2017 The issue of having military weapons in the hands of police is that it creates fear among people and a barrier that separates police from the communities. This increase leads to more criminal activity. The 1033 Program was initially created through the National Defense Authorization Act its creation was to allow the U.S department of defense to get rid of its disposable and excess military equipment to the state and federal law enforcement agencies for the use in countering drug crimes at first and become a sense of deterrence to crime itself. Then the purpose of the program was further expanded on after the Congress approved the
The United States has been filled with great cheer and delight since the Platt Amendment has been passed on the country Cuba. The U.S amending the constitution creating the Platt Amendment, further maintained our power on Cuban independence. Senator Orville Platt from Connecticut made this amendment to intervene with a inadequate Cuban government. That 's why I stand for America to stay in Cuba and agree with the Platt Amendment . The Platt Amendment states that the government of Cuba could never enter a treaty jeopardizing their independence, which maintains our power over their military-government actions.
Constitution was created to lay the foundation of laws in the newly formed United States of America in 1787. Thomas Jefferson, James Madison, Thomas Paine, and John Adams all wrote the Constitution with one common goal of all men receiving right to the natural freedoms of “life, liberty, and the pursuit of happiness.” These were all rights that could not be infringed upon; they were the core principles of a nation that arose above previous colonial oppressions. The framers, when creating the Constitution, had to make sure that every individual voice was being heard and that laws were made in a fair, orderly manner. Today, the Constitution continues to be the overarching law of the United States, and even its framers might not necessarily agree with some of its modern-day interpretations.
The individuals who were being victimized the most and the lack of justice the 1968 Fair Housing Act did were new to me. As stated in the ninth chapter, middle-class African-Americans were the ones being victimized by mob actions. In my mind, every African-American was being victimized. I did not take into consideration that only a select few African-Americans were able to have the opportunity to move into white neighborhoods. These African-Americans could afford the housing since they often had higher occupational and social status than their white counterparts.
The 15th Amendment (Amendment XV), which gave African-American men the right to vote, was inserted into the U.S. Constitution on March 30, 1870. Passed by Congress the year before, the amendment says, “The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of race, color, or previous condition of servitude.” Although the amendment was passed in the late 1870s, many racist practices were used to oppose African-Americans from voting, especially in the Southern States like Georgia and Alabama. After many years of racism, the Voting Rights Act of 1965 aimed to overthrow legal barricades at the state and local levels that deny African-Americans their right to vote. In the
As seen in the George Washington letter to Alexander Hamilton, the United States citizens were harassing the tax collectors. Before the Revolution, when there were taxes
The federal tax system is plagued with issues: It doesn 't raise sufficient revenue to back government spending, it is unpredictable, it makes results that are unreasonable, and it impedes monetary productivity. This part examines a few approaches to enhance charges, including making an esteem included duty, expanding natural taxes, improving the corporate expense, treating low-and center pay workers evenhandedly and productively, and guaranteeing suitable tax collection of high-wage family units. A good tax system raises the incomes expected to fund government spending in a way that is as basic, evenhanded, and development well growth as could reasonably be expected. The United States does not have a good tax system.
Case Study 1: Capital Gain Tax (a) Computation of Capital Gain for Dave Solomon Computation of Capital Gain for Dave Solomon for The Year Ended On 30 June Particulars Amount (in$) Total Amount (in $) Exempt: Proceeds & Cost Base of Home Property - (claiming the main residence i.e. family home exemption as it is exempted under the definition of CGT) Add: Proceeds of Painting in the current year 125,000.00 Less: Cost Base of Painting acquired in 1985 after indexation (15000*123.4/71.3) = 25960.73 (25,960.73) 150,960.73 Add: Proceeds of Luxury Motor Cruiser in the current year 60,000.00